At the time of writing, Kinetik Holdings Inc [KNTK] stock is trading at $53.12, up 2.27%. An important factor to consider is whether the stock is rising or falling in short-term value. The KNTK shares have lost -0.04% over the last week, with a monthly amount drifted -6.66%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kinetik Holdings Inc [NYSE: KNTK] stock has seen the most recent analyst activity on January 10, 2025, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $64. On April 22, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $40 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $40 on March 25, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $40 on March 08, 2024.
For the past year, the stock price of Kinetik Holdings Inc fluctuated between $37.65 and $67.60. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. Kinetik Holdings Inc [NYSE: KNTK] shares were valued at $53.12 at the most recent close of the market. An investor can expect a potential return of 3.54% based on the average KNTK price forecast.
Analyzing the KNTK fundamentals
According to Kinetik Holdings Inc [NYSE:KNTK], the company’s sales were 1.53B for trailing twelve months, which represents an 10.88% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is -0.1 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.81 points at the first support level, and at 50.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.84, and for the 2nd resistance point, it is at 54.55.
Ratios To Look Out For
It is important to note that Kinetik Holdings Inc [NYSE:KNTK] has a current ratio of 0.70. On the other hand, the Quick Ratio is 0.70, and the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 5.46 and price to earnings (TTM) ratio is 52.29.
Transactions by insiders
Recent insider trading involved ISQ Global Fund II GP LLC, 10% Owner, that happened on Mar 17 ’25 when 1.04 million shares were sold. 10% Owner, ISQ Global Fund II GP LLC completed a deal on Mar 18 ’25 to sell 0.66 million shares. Meanwhile, 10% Owner ISQ Global Fund II GP LLC bought 1.7 million shares on Mar 17 ’25.
